Pacific Horizon Investment Trust (LON:PHI) Posts Earnings Results

Pacific Horizon Investment Trust (LON:PHI) released its quarterly earnings results on Wednesday. The company reported GBX (1.22) EPS for the quarter, Digital Look Earnings reports. Pacific Horizon Investment Trust had a net margin of 89.48% and a return on equity of 7.10%.

Pacific Horizon Investment Trust Stock Performance

LON PHI opened at GBX 929 on Wednesday. The company’s 50 day simple moving average is GBX 888.23 and its two-hundred day simple moving average is GBX 794.89. The company has a debt-to-equity ratio of 5.83, a current ratio of 0.12 and a quick ratio of 3.86. Pacific Horizon Investment Trust has a 1 year low of GBX 494.62 and a 1 year high of GBX 997. The stock has a market capitalization of £770.16 million, a PE ratio of 19.05 and a beta of 1.13.

About Pacific Horizon Investment Trust

The Trust aims to achieve capital growth through investment in the Asia Pacific region (excluding Japan) and the Indian Sub-continent. The portfolio contains companies which have been identified as offering the potential for long-term capital appreciation, irrespective of whether they comprise part of any index. Country and sector weightings are a consequence of the index agnostic approach to stock selection. In constructing the equity portfolio a spread of risk is achieved by diversification and the portfolio will typically consist of between 40–120 companies.